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A2Gold Welcomes John Marma as Vice President of Exploration
Thenewswire· 2026-01-05 14:15
Core Viewpoint - A2Gold Corp. has appointed John Marma as Vice President of Exploration, which is expected to enhance the company's exploration capabilities and growth potential in Nevada [1][2]. Company Overview - A2Gold Corp. owns three gold projects in the mining-friendly jurisdiction of Nevada, with the Eastside Gold-Silver Project being the flagship, hosting a large and expanding resource [7]. Leadership Appointment - John Marma brings over 20 years of experience in mineral exploration, particularly in Nevada, Alaska, and South Africa, and has a proven track record of discovery and operational discipline [3][4]. - His previous roles include leadership positions at White Pine Metals, Hecla Mining, Klondex Mines, and Newmont, where he focused on various gold deposit types [4][5]. Exploration Strategy - The company plans to execute an 18,000-metre RC drill program at the Eastside project, leveraging Marma's expertise to advance the project towards its next growth phase [3][2]. - Preliminary metallurgical testing at Eastside indicates that both oxide and sulphide gold mineralization are suitable for heap leaching, which could enhance project viability [7].
Angkor Resources Signs Definitive Agreement to Sell Evesham Oil Production
Thenewswire· 2026-01-05 14:00
Core Viewpoint - Angkor Resources Corp. has finalized a Definitive Agreement to sell its 40% interest in the Evesham Macklin oil and gas lands for $4,800,000, with the transaction expected to close on January 30, 2026 [1][2]. Transaction Details - The assets were acquired through the subsidiary EnerCam Exploration Ltd. on December 12, 2023, with a loan of $3,800,000 provided by the Purchaser to fund the acquisition [2]. - The Agreement was signed on December 31, 2025, following a Letter of Intent announced on December 15, 2025 [2]. - The payment structure includes a non-refundable deposit of $250,000 paid on December 19, 2025, a payment of $375,000 due on the Closing Date, the balance of the Loan applied to the purchase price, and a final payment of $375,000 due on March 1, 2026 [7]. Conditions to Closing - The transaction requires shareholder approval, which will be confirmed at the Annual General Meeting on January 29, 2026, and is also subject to regulatory approval from the stock exchange [4]. Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange and OTCQB, focusing on mineral and energy solutions in Canada and Cambodia [6]. - The company's mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia, focusing on copper and gold [6]. - EnerCam Resources, the company's energy subsidiary, has been granted an onshore oil and gas license in Cambodia, actively pursuing oil and gas exploration [8].
Renforth Issues Update
Thenewswire· 2026-01-05 13:00
Financing - Renforth Resources Inc. has completed a flow-through financing, raising $200,000 by selling shares at $0.02 per share, with proceeds allocated for drilling on the Victoria polymetallic deposit near Malartic, Quebec [2][6] - A final closing for the sale of common share units is anticipated on or before January 16, 2026 [2][6] Victoria Polymetallic Deposit - The company is permitting approximately 1000 meters of drilling on the Victoria deposit, expected to commence in February [4][6] - Previous drilling results include significant intersections, such as 0.55% Cu over 10.5 meters and 0.46% Ni over 12 meters, indicating potential for extending mineralization beyond currently modeled domains [4][5] Assay Results - Renforth's geologists have submitted 99 core samples for platinum and palladium analysis, with results expected this month [3][6] - Previous tests have confirmed the presence of platinum and palladium within the mineralized ultramafic package, which will be included in the next resource statement for Victoria [3] Annual General Meeting - The company held its Annual General Meeting on December 15, with all matters before the meeting passing successfully [7] Company Overview - Renforth Resources is focused on advancing gold and polymetallic projects in Québec's Abitibi mining district, with its flagship asset being the Parbec Gold Deposit, which hosts 265,800 ounces of gold in the Measured and Indicated categories [9] - The company also controls the Malartic Metals Package, which includes the Victoria Polymetallic Deposit, with an initial NI 43-101-compliant inferred resource of 125 million tonnes grading 0.15% NiEq [10]
Blue Lagoon's Underground Production Ramps Up
Thenewswire· 2026-01-05 13:00
Core Viewpoint - Blue Lagoon Resources Inc. is making significant progress towards consistent mine production and regular deliveries of mineralized material to its milling partner, Nicola Mining Inc. [1] Operational Progress - Dome Mountain has resumed production activities post-holiday, with expectations to achieve consistent production of approximately 100 tonnes per day by the end of the month, aiming for a fully permitted production level of 150 tonnes per day [2][7] - The early stages of ramping up underground mining faced timing delays and operational constraints, which have now been largely resolved, allowing for increased underground activities [3][4] Production and Revenue Generation - In December, the company shipped approximately 1,300 tonnes of mineralized material to Nicola Mining, receiving its first payment for about 1,000 tonnes, with 300 tonnes still pending processing [4] - Approximately 150 tonnes of mineralized material is stockpiled at Dome Mountain, ready for shipment, with trucking expected to commence shortly [4] Financial Developments - The company has issued 116,884 common shares to several senior employees, pending approval from the Canadian Securities Exchange [5] - An unsecured, interest-free loan of $500,000 was received from the President to address short-term working capital needs, with an agreement to issue 151,515 bonus common shares to the lender [6] Future Plans and Enhancements - A second production shift is expected to enhance productivity and operational efficiency, with consistent production of 100 tonnes per day anticipated by month-end [7] - A fire assay laboratory facility is under construction, expected to process a minimum of 40 samples per day, aiding in rapid assay results for operational decision-making [7] - Underground surveying capabilities have been improved with the addition of a LiDAR unit, enhancing accuracy and mine planning [7] Company Background - Blue Lagoon Resources Inc. is a Canadian-based mining company operating the Dome Mountain Gold Mine, with a focus on sustainable practices and community engagement [8][10] - The company achieved a significant milestone in February 2025 with the granting of a full mining permit and has commenced underground mining operations [9]
Aztec Minerals Shareholder Update: Review of 2025 Highlights and Outlook for 2026
Thenewswire· 2026-01-05 12:00
Core Insights - Aztec Minerals Corp. had a foundational year in 2025, advancing its precious metal discovery projects and raising $13.6 million through equity financings [2] - The company increased its ownership of the Tombstone JV from 77.7% to 85.0% and reported the highest-grade silver and gold intercepts in its history at the Tombstone Project [2][3] - The company is well-positioned to create substantial shareholder value in 2026 as silver and gold prices reach all-time highs [2] Tombstone Project 2025 Highlights - Reported the highest-grade silver intersection to date of 7,269 gpt AgEq (233.7 opt AgEq) over 1.52 m, including 569 gpt AgEq (18.3 opt AgEq) over 25.8 m [2] - Discovered high-grade mineralization in the Westside Target Area with drillhole TR24-13 intersecting 24.4 m of 106.24 gpt AgEq [3] - Expanded the property land position by 46.7%, increasing the overall land package from 452 hectares to 663 hectares [3] Cervantes Project 2025 Highlights - Conducted reconnaissance sampling and geological mapping, with plans for further exploration in 2026 [2] - Drilled significant intersections including 6.08 m of 456.6 gpt AgEq and 36.5 m averaging 8.14 gpt Au [3] - Surface exploration confirmed new prospects with results of up to 15.6 gpt Au and 8,062 ppm Cu [3] Corporate Highlights 2025 - Closed an oversubscribed private placement of $3.6 million in May and $10.0 million in October [5] - Continued drilling campaigns targeting high-grade shallow gold and silver around the Contention open pit and Westside target area [5] - Plans for a potential 2026 drill program at Cervantes to explore shallow near-surface gold oxide mineralization [5]
Germanium Mining Corp. Maiden Exploration and Reconnaissance Program at Azure Ridge Historical Mine Nevada, USA
Thenewswire· 2026-01-05 08:05
Core Viewpoint - Germanium Mining Corp. has initiated a field exploration program at the Azure Ridge Historical Mine in Nevada, focusing on the potential of critical minerals, particularly germanium and gallium [1][2][4]. Group 1: Exploration Program - A team led by geologist William Feyerabend and Amazona Enterprises has been deployed for reconnaissance at the Azure Ridge site [1]. - The exploration program aims to enhance the understanding of mineralization styles and identify priority target areas through detailed site reconnaissance and selective rock sampling [2][4]. - The program is structured to address geological questions related to host rock characteristics and mineralizing processes relevant to germanium and gallium [4]. Group 2: Technical Reporting - The company plans to collaborate with Amazona on preparing an NI 43-101 Technical Report, which will review historical information and the results of field activities [5]. - The report will emphasize the property's relevance within the North American critical minerals supply chain, particularly for germanium and gallium [5]. Group 3: Historical Context - The Azure Ridge Historical Mine, previously known as the Bonelli Mine, last reported production in 1918 and has remained largely inactive since then [7]. - Historical studies indicated the presence of fault-controlled, carbonate-hosted mineralization, with previous sampling revealing anomalous values of germanium, gallium, copper, lead, zinc, and cobalt [8][9].
Universal Ibogaine provides Bi-weekly Default Status Report on 2025 year-end filings and update on Restructuring process
Thenewswire· 2026-01-03 04:00
Core Viewpoint - Universal Ibogaine Inc. is currently under a Management Cease Trade Order (MCTO) due to delays in filing its annual audited financial statements and is providing bi-weekly updates on its default status [1][3][5]. Group 1: Default Status and Compliance - The company announced a delay in filing its annual audited financial statements for the year ended July 31, 2025, past the deadline of November 28, 2025 [2]. - A management cease trade order was granted by the Alberta Securities Commission on December 4, 2025, requiring ongoing bi-weekly default status reports [3]. - The company intends to comply with alternative information guidelines and will continue to disclose material information regarding its business activities [5]. Group 2: Restructuring Process - There have been no material changes in the company's restructuring process since the last update, and it continues to fulfill its reporting obligations [6]. - The company has temporarily closed its Kelburn Recovery Centre and is exploring financing options, including the potential sale of the property [7]. - A portion of the proceeds from any sale is intended to be used for completing the audit process and repaying outstanding convertible debt of $726,500 [13]. Group 3: Company Overview - Universal Ibogaine Inc. aims to transform addiction treatment using medicalized ibogaine and plans to conduct a clinical trial focused on opioid use disorder [9].
RAB Capital Discloses Additional Investment In Viva Gold Corp.
Thenewswire· 2026-01-02 19:20
Investment Activity - RAB Capital Jersey Limited purchased 1,250,000 units of Viva Gold Corp. at a price of C$0.16 per unit for a total of C$200,000 on December 30, 2025 [1] - Each unit consists of one common share and one-half non-transferable common share purchase warrant, with each warrant exercisable at C$0.24 per share until December 29, 2028 [1] Ownership Structure - Mr. Philip Richards now beneficially owns and controls 22,220,000 common shares and 5,775,000 warrants, representing approximately 12.94% of the outstanding shares on a non-diluted basis and approximately 16.31% on a partially-diluted basis [2] - Prior to this acquisition, Mr. Richards owned 20,971,500 common shares and 4,150,000 warrants [2] Investment Strategy - The units were acquired for investment purposes, with a long-term view, and RAB Capital may consider acquiring additional securities of Viva Gold or selling existing securities based on market conditions [3] - RAB Capital focuses on investments in small companies and real estate development opportunities based on fundamental analysis [4] Company Information - Viva Gold is a British Columbia company with its registered office located in Vancouver, Canada [5]
Ocumetics Technology Announces Closing of First Tranche of Brokered LIFE Offering Led by Centurion One Capital
Thenewswire· 2026-01-02 14:00
Core Viewpoint - Ocumetics Technology Corp. has successfully closed a private placement offering, raising approximately $1,023,830 through the sale of 1,706,383 units, which will be utilized for clinical trials, research and development, and general corporate purposes [1][3][4]. Group 1: Offering Details - The first tranche of the brokered private placement generated gross proceeds of about $788,380, while a concurrent non-brokered private placement added approximately $235,450, totaling around $1,023,830 [1][3]. - Each unit was priced at $0.60 and consists of one common share and one warrant, allowing the purchase of an additional common share at $0.75 until December 30, 2028 [3]. - The company incurred $143,336.17 in commissions and fees related to the offerings, with part of this amount paid in units and additional warrants issued [5]. Group 2: Use of Proceeds - The gross proceeds from the offerings are earmarked for funding the corporation's first-in-human clinical trials, ongoing research and development, and general corporate purposes, although actual allocation may vary [4]. Group 3: Related Party Transactions - Key executives and directors of the corporation participated in the private placement, qualifying it as a "Related Party Transaction" under applicable regulations, with exemptions from minority shareholder approval requirements being utilized [7].
Herbal Dispatch Announces Grant of Restricted Share Units
Thenewswire· 2026-01-02 13:30
Core Viewpoint - Herbal Dispatch Inc. has granted 2,760,000 restricted share units (RSUs) to its officers, directors, employees, and consultants as part of its stock option plan to retain key personnel and ensure competitive compensation [1][4]. Group 1: RSU Details - The RSUs will vest in three equal installments on July 1, 2026, January 1, 2027, and July 1, 2027, contingent upon the individuals remaining "Eligible Persons" as defined in the plan [2]. - Each RSU represents the right to receive one common share in the capital of the Company upon vesting, subject to the terms of the plan [3]. Group 2: Company Overview - Herbal Dispatch operates leading cannabis e-commerce platforms, focusing on providing high-quality cannabis products at affordable prices [5]. - The flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis flower and a variety of other product formats [5].